what is the impact of the tax rebate check on fiscal and monetary policy?

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  1. The rebate check represents fiscal policy. It is part of that policy, and is expected to help increase consumption by increasing disposable income.

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  2. This link discusses the house bill's stimulus package, which was close to the final stimulus package actually passed and signed.

    Here is another from Brookings:

    One more from Marty Feldstein:

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